OCC Lifts Consent Order on Anchorage Digital

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The US Office of the Comptroller of the Currency (OCC) has terminated its 2022 consent order against Anchorage Digital.

The order, which concerned the bank’s anti-money laundering (AML) protocols, is no longer deemed necessary as the OCC stated the bank’s “safety and soundness” and compliance are now satisfactory.

The move occurs amid a broader shift in the US banking regulatory approach to cryptocurrency under the Trump administration.

As the nation’s only federally chartered crypto bank, Anchorage Digital CEO Nathan McCauley believes the resolution solidifies its leading position.